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The success of Pepe has spurred a wave of frog-themed memecoins, including Mpeppe, a soccer-themed token in presale.
An entire catalog of frog-themed memecoins has emerged thanks to the meteoric success of Pepe since its 2023 debut.
One of the top emerging ‘Pepeverse’ tokens is Mpeppe, a soccer-themed memecoin currently undergoing a presale. Can it surge after it launches on exchanges?
Mpeppe bullish with utility and investors support
There is an unmistakable bullish outlook for Mpeppe, with the project’s use case, investor demand, and a positive market outlook all aligning.
Starting with its use case, Mpeppe is a Pepe-themed token that stands apart from many of its rivals through utility and its connection to legendary soccer player Mbappé.
The project describes itself as being “at the intersection of sports fandom and blockchain innovation.”
This is a big distinction because many Pepe-themed projects compete for the same low-hanging fruits. They have a slight variation to the leading Pepe coin but don’t bring anything noteworthy to the table.
Mpeppe speaks to millions of soccer fans, and it’s equipped with tangible utility.
It’s launching a Mbappé-themed NFT collection, which will be ultra-premium, with just 420 of them available.
The project is also building a gaming and sports betting platform that will allow users to wager their MPEPPE tokens. Another key feature is Mpeppe’s staking mechanism.
This is why the presale is gaining tremendous momentum, with over $2.9 million raised so far.
Adding to the excitement, the infamous ‘Dogecoin Millionaire’ recently predicted that Pepe-themed meme coins would be the best performers in the 2025 bull market.
The 2 Biggest Meme Narratives for 2025I strongly believe the memecoin bullrun in 2025 will be based around 2 main meme universes. Pay attention 👇🏼 1. The most popular of the 2 in my opinion being anything involving $PEPE Pretty much the “PEPEVERSE” if you will This…
— SlumDOGE Millionaire (@ProTheDoge) September 16, 2024
On the bull market, the Fed has just cut interest rates by 50 basis points, and the market has reacted positively so far. This sets everything up nicely for Q4, which is historically a bullish quarter for crypto.
Indeed, there is a lot working in Mpeppe’s favor. But how far can it go?
Based on its presale supply to total raise, Mpeppe will launch with a market cap under $10 million. This places it in the small-cap region and leaves a lot of unrealized upside potential.
Should the market perform as expected in Q4, a 5x gain would not be unreasonable, considering its low valuation and innovative use case. That would place it around $0.01 per token.
Cryptonews analysts were more conservative, predicting highs of $0.0044 by the end of 2024. This would equate to just over a 2x gain from its current price. Meanwhile, an article published in Yellow suggests potential for a 3x gain by the end of 2024.
While the future looks bright for Mpeppe, another new Pepe-themed memecoin is shaking things up in the market. It’s called Pepe Unchained and will have its own Ethereum layer 2 blockchain.
This memecoin-layer 2 use case is driving massive attention by tackling one of crypto’s most pressing issues: Ethereum scalability.
Compared to Mpeppe’s sports betting and staking utility, Pepe Unchained’s utility has tangible value and could prove a more sustainable, long-term investment opportunity.
Could Pepe Unchained Pump Higher Than Mpeppe? L2 Project Raises $13.8M in Presale
Like Mpeppe, Pepe Unchained is undergoing a presale. However, the project has raised a staggering $13.8 million, whereas Mpeppe has raised less than $3 million.
This makes it one of the hottest ICOs on the market and illustrates tremendous investor appetite. So, what’s all the hype about?
Pepe Unchained is building an Ethereum layer 2 blockchain for memecoins.
It’ll be fast, scalable, and matches the features of other top ecosystems. These include a dedicated Ethereum bridge, a block explorer, and a staking mechanism.
Staking is live and provides a 150% APY. However, this will decrease as the staking pool grows.
The ‘Pepe Chain’ aims to house memecoins and related applications. The possibilities are endless. Think of any popular blockchain app, make it memecoin-themed, and launch it on Pepe Chain.
That’s why investors are pouring into the presale. And it’s not just everyday degens. Smart money traders are in, too.
Popular YouTuber Umar Khan from 99Bitcoins revealed he is bullish and also thinks it could net early backers big gains. He predicted up to 100x returns are on the horizon.
With a fundamentally solid use case, accelerating presale momentum, and the support of leading analysts, Pepe Unchained looks set to outperform Mpeppe.
For more information, visit the Pepe Unchained presale website.
Read more: Pepe Unchained presale hits $11M as trader predicts it’ll be the top memecoin
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